Entrepreneur Tim Schmidt Takes Retirement Investing Into His Own Hands

Entrepreneur Tim Schmidt Takes Retirement Investing Into His Own Hands

Retirement investing is something that most people outsource to a financial advisor or 401k program manager with their employer. With more than 40 years to prepare for their golden years, people feel the security of having a licensed professional taking care of their money will give them the financial freedom they need to live out their retirement on their own terms.

However, a Florida Entrepreneur named Tim Schmidt has defied logic and in his early 30’s decided to ditch the traditional route of retirement investing and start putting to use his self-directed IRA plan.

Schmidt started his Entrepreneurial journey before the age of 10 by cutting grass and shoveling driveways in the Twin Cities area of Minnesota. As he eventually attended college, he earned money promoting parties, selling customized compact discs, and even term papers, which was his first foray into the wide world of Internet Marketing.

Fast forward to post graduation, and Schmidt found himself between a rock and a hard place – his job he had secured with Accenture, a Chicago based consulting company, had been put on hold for up to 24 months. With nowhere to go and a lot of time on his side, he decided to pack his bags and move to Miami, Florida. It was in Miami where he started as an Independent Sales Consultant to a budding search engine optimization agency, and his Entrepreneurial journey began to ascend.

Working his own hours, mostly from surfing shorts and throwback basketball jerseys from his Miami Beach condo, he built a multi million-dollar company and made a name for himself in the world of Digital Marketing.

He sought financial advice from his good friend and college roommate, who runs a New York Life office in the Midwest. He started investing with him and began running his retirement funds through him. However, while he continues to invest in his child’s college savings with him, at one point in the early 2010’s he decided to take his fate into his own hands and start investing his retirement funds into things that he decided, giving him complete control over his own destiny.

According to his hyper popular website, IRAInvesting.com, he created a self directed IRA so he could invest in things like real estate, gold bullion, and even cryptocurrency. He also notes that he trades his own equities quite frequently and likes being active with his funds rather than see a passive return that someone else gets to have fun managing.

When reached for comment, he added “the beauty of the self directed IRA account is that I can truly invest in things that I have knowledge in or that are non-traditional. For example, I’m a partner in a Food Hall called Graze in the North Loop of Minneapolis, an area that I’m a huge fan of and hope to call a seasonal home one day. I wasn’t able to get into a ground floor opportunity like this with a traditional managed account, but the self directed IRA allowed me to get creative with this process and make this investment.”

Schmidt documents the market’s twists and turns on his website from his South Florida home and often covers the gold and precious metals space very diligently, as well as the impact the COVID-19 pandemic has had on the world and markets.

“Transparency is my ultimate desire. Along with some guest writers, we tell people what we like to invest in, and win, lose, or draw, it’s all out there.”

The decision to manage his own money shouldn’t be a surprise to anyone. Just last year, Schmidt’s first foray into publishing resulted in the Amazon best seller, “Amplifying Average,” which has a full chapter on being a contrarian in life. When people zig, Schmidt zags. “The public is usually wrong,” he wrote in the book.

Whether Schmidt’s success with managing his own retirement will be a fairy tale ending remains to be seen, but you can follow it all in real time by visiting his website.

*** SPECIAL ALERT — June 27, 2020 — THREE of this Year’s Motley Fool Stock Picks Have Already Doubled! ****

We have been tracking ALL of the Motley Fool stock picks since January 2016. That’s 4+ years, 54 months and 108 stock picks. As of Friday, June 26th 3 of their 12 2020 stocks picks have already doubled (TSLA, ZM, SHOP). In addition, 4 of their 2019, 8 of their 2018, 7 of their 2016 and 10 of their 2016 picks have also doubled. Best of all, over these 54 months, the average stock pick is up 111%. That beats the SP500 by an average of 87%. And that’s even accounting for all of this COVID mess that has wreaked havoc on some stocks but presented opportunity for other stocks. THAT is how the Fool does so well!

  • Shopify (SHOP) – April 2, 2020 pick and it is already up 163%
  • Zoom Video (ZM) – March 19, 2020 pick and it is already up 107%
  • DexCom (DXCM) picked Feb 20, 2020 right before the market crashed and it is still up 26%
  • Tesla (TSLA) picked January 2, 2020 before the crash and it is up 123% compared to the SP500 -7% so it is ahead of the market by 130%
  • HubSpot (HUBS) picked December 5, 2019 and it is up 46%
  • Netflix (NFLX) picked November 21, 2019 and it is up 42%
  • Trade Desk (TTD) picked November 11, 2019 and up 111%
  • Zoom Video originally picked Oct 3 and it is up 234%
  • SolarEdge (SEDG) picked September 19, 2019 and it is up 44%

Now, no one can guarantee that their next picks will be as strong, but our 4.5 years of experience has been super-profitable. They also claim that since inception, their average pick is up 424% and now we believe them. You sure don’t want to risk missing out. Many analysts are saying that we have passed the bottom of this COVID crisis and stocks will recover quickly. So make sure you have the best stocks in your portfolio.

Normally the Fool service is priced at $199 per year but they are currently offering it for just $99/year if you click this link.

CLICK HERE to get The Motley Fool’s Stock Picks for just $99 per Year!



Robinhood was the first brokerage site to NOT charge commissions when they opened in 2013. They just past 10,000,000 accounts and to celebrate they are offering up to $1,000 in free stock when you open a new account.

Here’s the details: You must click on a special promo link to open your new Robinhood account. Then when you fund your account with at least $10, you will receive one stock valued between $5 and $500. Then, you will get a link to share with your friends. Every time one of your friends opens an account, you will receive another free stock valued between $5 and $500. Click here to learn more about this Special Robinhood offer.

Claim your free stock NOW

(before it’s too late)

Leave a Reply

Your email address will not be published. Required fields are marked *